Spotlight on Onit, a developer of enterprise workflow software and artificial intelligence platforms intended for the legal, compliance, sales, IT, HR and finance departments.
Spotlight on: Onit
HQ: Houston, TX
No. of Employees: 450
Institutional Investors:
- K1 Investment Management
- Texas Halo Fund
- Level Equity
- Redhouse Associates
- Forum Equity Partners
Twitter: @onitapps
URL: www.onit.com/
Post Valuation: $33.59M
Description:
Developer of enterprise workflow software and artificial intelligence platforms intended for the legal, compliance, sales, IT, HR and finance departments. The company offers a no-code business process automation platform that primarily focuses on enterprise legal management, matter management, legal spend management, contract lifecycle management and legal holds, enabling clients to digitally transform legal operations by automating processes, reducing costs and maximizing productivity.
Most Recent Financing Status (as of 16-Feb-2022)
The company received undisclosed amount of debt financing in the form of a loan from Monroe Capital on December 20, 2021. The funds will be used to support future acquisitions
To learn more about , go to www.onit.com/.
To nominate a startup to be featured, email Kristin Calve, Editor & Publisher, CCBJ, [email protected] and [email protected].
Source: Pitchbook, Feb 2022
Published February 22, 2022.
